Bank Millennium Group
G4-3
For 26 years, Bank Millennium has been providing universal financial services to Clients from all market segments through the national chain of branches, individual relationship managers and electronic banking channels. The Bank’s market offering is supplemented by Bank Millennium Group companies: Millennium Leasing, Millennium Dom Maklerski and Millennium Towarzystwo Funduszy Inwestycyjnych. The activity of the remaining Group companies supports the execution of infrastructural projects and is not described in this report.Compared to 2014, there was only one change in the structure of the Bank Millennium Capital Group – Lubuskie Fabryki Mebli SA has been in liquidation since February 2015.
G4-17a, G4-17b
Bank Millennium is a joint stock company that has been listed on the Warsaw Stock Exchange since 1992.
G4-7
The Bank and its subsidiaries operate in the Republic of Poland.
G4-6
The Bank's Head Office is located in Warsaw while some of its head office functions are also performed in Gdańsk.
G4-5
Bank Millennium shareholders
As at 31 December 2015, Bank Millennium had three major shareholders with over 5% of votes at the Shareholder Meeting.
In 2015 Millennium bcp, the largest private bank in Portugal and the Bank’s strategic investor since 2000 announced the sale of 15,41% of the company’s share capital through an accelerated bookbuilding (ABB) deal. After the transaction was completed, Millennium bcp held 50.1% of the share capital. During the ABB, the European Bank for Reconstruction and Development (EBRD) purchased 2.6% of the Bank’s shares.
The second largest shareholder is Poland's largest pension fund, Nationale-Nederlanden OFE (formerly ING OFE), which holds 9.53% of the Bank's shares and Aviva OFE, the second largest pension fund, which holds 6,46% of the share capital. The remaining shares, i.e. 33.9% of the share capital are dispersed among the Polish and foreign shareholding, both institutional and individual.
Ownership structure of Bank Millennium, as at 31 December 2015
Changes in the shareholding of Bank Millennium
G4-13, G4-8
